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South Africa Treasury Says Upgrades Show Path to Investment Grade

South Africa Treasury Says Upgrades Show Path to Investment Grade
Bloomberg Markets Friday 12 June 2026, 10:13 UTC By Alister Bull 1 min read
Key Points

South Africa Treasury Says Upgrades Show Path to Investment Grade South Africa’s recent credit-rating upgrades are a strong endorsement of government policy and show the nation can restore its coveted investment-grade status if it stays on track, said the National Treasury chief. “This is a clear change of direction in our ratings trajectory after more than a decade of negative ratings news,” Duncan Pieterse wrote in an op-ed published on News24 Thursday. “It could ultimately see South...

South Africa Treasury Says Upgrades Show Path to Investment Grade South Africa’s recent credit-rating upgrades are a strong endorsement of government policy and show the nation can restore its coveted investment-grade status if it stays on track, said the National Treasury chief. “This is a clear change of direction in our ratings trajectory after more than a decade of negative ratings news,” Duncan Pieterse wrote in an op-ed published on News24 Thursday. “It could ultimately see South Africa regain its investment grade status — if it continues to do the right things on fiscal and economic policy.” [Image text:] thae MEN CUINCAN PETERSE
South Africa Treasury (ORG) Upgrades Show Path to Investment (PERSON) National Treasury (ORG) Duncan Pieterse (PERSON) News24 (ORG) South Africa (LOCATION)
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